Shares of Plymouth Industrial REIT Inc. (PLYM) Rise Above Previous 52-Week High

July 21, 2021 10:29:57

Plymouth Industrial REIT Inc. (NYSE:PLYM) traded at a new 52-week high today of $23.20. Approximately 95,000 shares have changed hands today, as compared to an average 30-day volume of 317,000 shares.

In the past 52 weeks, shares of Plymouth Industrial REIT Inc. have traded between a low of $11.18 and a high of $23.20 and is now at $22.88, which is 105% above that low price.

Plymouth Industrial REIT Inc is a full-service, vertically integrated, self-administered, and self-managed Maryland corporation. It is focused on the acquisition, ownership, and management of single and multi-tenant Class B industrial properties, including distribution centers, warehouses, and light industrial properties, located in secondary and primary markets across the United States. The company has one reportable segment, which is industrial properties. The majority of its property portfolio is spread across Florida, Ohio, Indiana, Tennessee, Illinois, Georgia.

Potential upside of 21.3% exists for Plymouth Industrial REIT Inc., based on a current level of $22.88 and analysts’ average consensus price target of $27.74.

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